Nifty Analysis. 📈
Immediate support levels :
24510 , 24,470, 24,400
Immediate resistance:
25000 , 25200+
Nifty is projected to trade in a consolidation range between 24,500 and 25,000, showing a neutral to negative trend unless it manages a sustained close above the 25,000–25,150 area which could then trigger moves toward 25,500 and possibly 25,700. If Nifty breaks below the 24,500–24,400 support band and sustains for 2-3 days it may prompt a further decline with a possible target around 24,000.
Immediate support levels :
24510 , 24,470, 24,400
Immediate resistance:
25000 , 25200+
Nifty is projected to trade in a consolidation range between 24,500 and 25,000, showing a neutral to negative trend unless it manages a sustained close above the 25,000–25,150 area which could then trigger moves toward 25,500 and possibly 25,700. If Nifty breaks below the 24,500–24,400 support band and sustains for 2-3 days it may prompt a further decline with a possible target around 24,000.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.